Settings8H · net · $10k
Funding arb · Price arb /

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0135%/8h= −14.8% APRnext payment $1.35 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against BloFin0.000%110s7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2222.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.190%−$19 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now 0.000%, 7d avg −0.073%
Together, before fees−0.209%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.073% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.073%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNXX-USDT17.5800.0025pay 0.0025% / 8h3h 13m$280K$281K25x
ShortKuCoin SNXXUSDTM17.580−0.0110pay 0.0110% / 8h3h 13m$208K$275K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$28.44
Price spread: 0.000% → −0.073%
$7.26
Slippage, 4 orders
−$197.94
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$243.12
Costs to cover
2.219%
Break-even
never at this rate
Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 16 min ago8.48 bp14.5 bp −$1415.0 bp −$15032.5 bp −$3,24980.1 bp −$40.0K
Sell KuCoin live order book, 58 min ago13.94 bp103.2 bp −$103doesn't fitdoesn't fitdoesn't fit

SNXX on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SNXX−0.3637%1h17.568−0.068%$137K$744K10xas long as short
Bybit SNXXUSDT−0.0791%8h17.5800.000%$3.3M$18.7M50xas long as short
HTX SNXX-USDT−0.0262%8h17.600+0.114%$10K$4K10xas long as short
KuCoin SNXXUSDTMshort−0.0110%8h17.5800.000%$208K$275K20x
Orderly PERP_SNXX_USDC_mythos−0.0046%8h17.5800.000%$1K$2K10xas long as short
Binance SNXXUSDT−0.0008%8h17.579−0.008%$31.3M$470.3M25xas long as short
Aster SNXXUSDT0.0000%8h17.629+0.281%$52K$573K20xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.570−0.057%$4.9M$63.0M25xas long as short
Gate SNXX_USDT0.0000%8h17.587+0.040%$4.2M$18.2M50xas long as short
MEXC SNXX_USDT0.0000%8h17.590+0.057%$9.1M$7.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXXUSDT0.0000%8h17.577−0.017%$3.9M$40.2M20xas long as short
SunX SNXX-USDT0.0000%8h17.5800.000%$4.7M10xas long as short
Phemex SNXXUSDT0.0000%8h17.5800.000%$1.6M$1.5M20xas long as short
BloFin SNXX-USDTlong+0.0025%8h17.580long leg$280K$281K25x
edgeX SNXXUSDC+0.0159%4h17.586+0.035%$54K$405K10xas long as short